California Craft Beer: 2014 Economic Impact
The California craft beer is a $6.5 billion industry, according to new data released today by the California Craft Brewers Association (CCBA). As of March 2015 there were 554 operating breweries in California, more than any other state in the nation.
“Over the past few years we’ve seen consistent growth in the craft beer industry both here in California and across the nation,” said Tom McCormick, executive director of the California Craft Brewers Association. “Last year was by far the strongest upward trend we’ve seen, an amazing year for craft brewing in California.”
California is the birthplace of the American craft brewing movement and at the forefront of the industry’s growth. California produces one out of every five craft beers produced in the United States.
“California craft brewers play an important role in supporting the economic engine in California,” said McCormick. “The CCBA’s initiatives continue to promote and protect the growth of the craft brewing industry in California.”
Economic Impact – In 2014 Craft beer contributed more than $6.5 billion to the economy of California. That’s up 18% from 2013. The craft beer industry in California has a higher economic impact than any other state in the U.S.
Employment – In 2014 the craft beer industry created more than 48,000 jobs.
Growth – During 2014 the number of operating breweries grew by more than 24% giving us a total of 520 operating breweries in California at the end of 2014.
Taxes – In 2014 California craft brewers paid more than $56 million in State and federal excise taxes and paid more than $1.3 billion in income and other local, state and federal taxes ($880 million in state and local income taxes and $465 in federal income taxes).
Production Volume – California craft brewers produced 3.4 Million barrels of beer in 2014.
Exports – California craft brewers exported 1.3 million barrels of beer in 2014. That’s still higher than the total production of all but two other states (PA and CO)